MaxBlog

from the desk of Mary Mershein Lululemon shares were $2 in 2007. Five years later they were $76 and the company was worth $10 billion. One reason for the growth was the creation of "scarcity" in which stores kept only a limited supply of merchandise. Low inventory levels forced customers to buy or lose out when the item goes out of stock, creati ...

Application trumps information. This is one of Maximum Impact's "themes" as it were. We love this theme because of the truth behind it. No matter how much we THINK about something -THINKING about it makes absolutely NO DIFFERENCE out here in the real world. We tend to think that what we think about an issue or a strategy in business makes some ki ...

In business we tend to ignore the soft skills and concepts and focus on getting dollars into our wallets. This focus limits the amount of dollars that will actually flow into our wallets! :-) There's a basic soft skill that I call "being complete." This distinction is simple and powerful and will always yield a result in the business world. When ...

  The one constant in our lives is the presence of people.  They're everywhere.  Like them or hate them, you need to interact with them to survive, let alone get ahead in life.  Some of us have almost perfected the art of communicating with people while others struggle in this area and view most human interaction with great anx ...

I went to Disneyland last week for a long awaited family vacation.  We were excited to get off the plane and be greeted by the sunny hot weather of southern California after leaving Vancouver’s grey wet skies.  The sun was shinning, the palm trees were swaying, and our hotel pool…was being painted.   The staff at the hotel “felt ...

by Mary Mershein On May 16, 2008, it was announced that major renovations, including a new retractable roof, would begin on BC Place Stadium at an estimated cost of $150 million. The BC Place Stadium was re-opened in September 2011 with actual cost of repairs a whopping $563-million. On March 5, 2012 The BC teachers went on strike asking for a 3% ...

Had an interesting conversation with a manager today. • He has some big goals. That is good. • He has some desire to succeed in his new position of management. That is also good. • He has no tools to develop people. Without developing people, new goals of bigger numbers are like Fantasy Island – you know it exists but you can’t get there fr ...

by Mary Mershein Founders Chris DeWolfe and Tom Anderson launched MySpace in January 2004. Six months later Rupert Murdoch’s News Corp./Fox bought MySpace for $580 million. By 2007 Myspace had 300 million users and was valued at $12 billion . During the spectacular growth Myspace users came to include businesses selling products, most notably b ...

I came out to my car Saturday morning and found a ticket on my windshield.  I was pretty “ticked” off to use acceptable blog language.  The city had warned me that if it snowed more than 2” all cars needed to be off the road so the snowploughs can do their job.  Fair enough.  The problem was it called for rain and a balmy 5 degr ...